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#108 | Building a One Person Business doing $500K/year Profit at 28 - Sean O'Dowd

The Next Generation

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The Scale of Freelancers

In terms of the actual scale. If I had to guess I feel like it might plateau at some point. Everyone is international and the very specific subset of employee who does a very specific task for example. Do you think that you can make a million dollars a year in this business with no employees? You're right. It does kind of plateau. And then once you do get there, there isn't really a lot of enterprise value Like you don't see consulting firms being sold for a high equity multiple That just makes a lot of sense.

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